Obama Buys Washington, D.C. Home for $8.1 Million

Former President Obama and former first lady Michelle purchased the home in Washington, DC that they have been renting, the Chicago Sun-Times has learned, closing on the $8.1 million purchase on Wednesday.

Said a spokesman: “Given that President and Mrs. Obama will be in Washington for at least another two-and-a-half years, it made sense for them to buy a home rather than continuing to rent property.”

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